The Buy Window
More software will be built than ever before. Less of it will be bought.
Capital Efficiency
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The Hidden Cost of Kingmaking
The strategy that kills more companies than it crowns.
Not Every Company Is Built for the Big Leagues
Run the math before you buy the myth.
Two New Metrics that Might Keep Your Startup Alive in 2026
I’m skeptical of many startup “rules.” But trusting in exceptional founders has rarely led me too far astray.
The Two Laws Of Startup Physics
Fifteen years into my venture capital career, I’ve come to believe there are two undeniable laws of startup physics: 1) Capital compounds both positive and negative formulas. 2) All positive formulas compound at diminishing rates of return.
Don’t Overdose on VC: Lessons from 166 startup IPOs
Does raising a large amount of capital make a startup more likely to succeed? Is capital a weapon? Do startup founders need to “go big or go home?”